| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 4.6K | 19.7% |
| Total Income | 4.6K | 19.7% |
| Expenditure | 4.2K | 19.0% |
| PBT | 410.07 | 26.5% |
| Net Profit | 305.48 | 26.9% |
| OPM | 8.73% | 0.48pp |
| NPM | 6.60% | 0.38pp |
| EPS | 6.85 | 30.0% |
EMCOR Group Reports Record Q1 2026 Revenue of $4.63 Billion, EPS Up 30%
29 Apr 2026 · 29 Apr, 5:42 pm
Summary
EMCOR Group, Inc. reported strong first quarter 2026 results, achieving record quarterly revenues of $4.63 billion, a 19.7% increase year-over-year. Net income for the quarter was $305.5 million, translating to a diluted EPS of $6.84, up 30.0% from the previous year. Operating income also saw significant growth, reaching $403.8 million, or 8.7% of revenues, demonstrating improved profitability. The company's Remaining Performance Obligations hit a record $15.62 billion, reflecting robust bookings and strategic positioning. Consequently, EMCOR has raised its full-year 2026 revenue and diluted EPS guidance, signaling a positive outlook for the remainder of the year.
Key Highlights
- 1
EMCOR Group, Inc. reported record quarterly revenues of $4.63 billion for the first quarter of 2026, marking a 19.7% increase year-over-year.
- 2
Diluted earnings per share for the first quarter rose by 30.0% year-over-year to $6.84.
- 3
The company achieved record Remaining Performance Obligations (RPOs) of $15.62 billion as of March 31, 2026, representing a 32.9% increase year-over-year compared to March 31, 2025.
- 4
Operating income for the first quarter of 2026 improved to $403.8 million, or 8.7% of revenues, up from 8.2% in the prior year's quarter.
- 5
EMCOR has increased its full-year 2026 revenue guidance range to $18.50 billion - $19.25 billion and its diluted EPS guidance range to $28.25 - $29.75.
Management Comments
Tony Guzzi
We started the year well, with record quarterly revenues and strong operating performance as we experienced sustained momentum across several key market sectors and geographies. These results reflect our strategic positioning and operational excellence across our construction and services platforms while demonstrating our customers' confidence in EMCOR as a partner of choice for complex and mission-critical projects. Our Remaining Performance Obligations are again at record levels and we are pleased with the quality and diversity of our bookings during the quarter. The fundamentals of our business remain strong and we are well-positioned for the remainder of 2026.
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